| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $99M | $68M | $40M | 44.8% | 150.1% |
| Op. Income | $27M | $23M | $16M | 16.7% | 70.8% |
| Gross Margin | 42.0% | 52.9% | 65.9% | -10.9pp | -24.0pp |
| Net Margin | 27.2% | 33.7% | 39.8% | -6.5pp | -12.6pp |
| EPS (Diluted) | $0.74 | $0.63 | $0.41 | 17.5% | 80.5% |
| Free Cash Flow | -$11M | -$439M | -$29M | 97.5% | 61.0% |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $27M |
| Interest Income | $93M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $721.0K |
| EBIT | $27M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $27M |
| Interest Income | $93M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $721.0K |
| EBIT | $27M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $721.0K |
| Stock-Based Compensation | $701.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$57M |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | $57M |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | $279M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$162M |
| NET CASH FROM FINANCING | $108M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $154M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $63M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $63M |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $147M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $280M |
| Additional Paid-In Capital | $120M |
| Retained Earnings | $522M |
| Treasury Stock | -$114M |
| Accum. Other Comp. Income | $241M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $4.6B |
| Net Debt | $3.6B |
